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3.7¢ ausgold limited

on paper it all sounds goodreality is no news flow has killed...

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unlucky_bacs

6,080 Posts.

98

15/02/24

13:35

Post #: 72423609
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Originally posted by binwood: ↑

A$55m MC here for a 3Moz deposit.

Reading between the lines from Matt's recent presentations I think they are going to get an Ag loan for the farms which should stop us doing big dilution down here. Goes on the EV but can easily be paid out over time.

At current spot prices the project has a A$750m NPV and 60% IRR based on the SS last year.

Since then they have added to the MRE, they have lifted grade from 0.96 to 1.06g/t and they should be able to increase reserves to 2Moz.

This means that LOM should be pushed out to 12+ years.

That means NPV should be more like A$800-900m

So even assuming a $10m loan we are trading at maybe 6-7.5% of NAV.

And people think we aren't even close to a bottom.

I am an idiot and probably go broke buying these shitcos but geez those kind of numbers don't say top to me

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on paper it all sounds good

reality is no news flow has killed us. Lots of questions s need answers not just presenting . Get some damn news flow

AUC Price at posting: 2.5¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

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(20min delay)
Last 3.7¢		Change -0.002(5.13%)		Mkt cap ! $84.95M

Open	High	Low	Value	Volume
3.7¢	3.8¢	3.4¢	$372.0K	10.23M

Buyers (Bids)

No.	Vol.	Price($)
3	93036	3.5¢

Sellers (Offers)

Price($)	Vol.	No.
3.7¢	228555	2

View Market Depth

No.	Vol.	Price($)
2	152564	0.039
1	50000	0.038
4	120716	0.037
1	50000	0.036
3	127142	0.035

Price($)	Vol.	No.
0.036	135000	1
0.037	778555	4
0.038	838867	6
0.039	242328	3
0.040	2140374	11

Last trade - 16.10pm 21/05/2024 (20 minute delay)


Last 3.6¢			Change -0.002 ( 6.98 %)
Open	High		Low	Volume
3.7¢	3.8¢		3.4¢	4137892
Last updated 15.54pm 21/05/2024 ?

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